President tells people not to panic over Currency notes

People across the country are going panic with Prime Minister Narendra Modi’s announcement of ceasing Rs.500 and Rs. 1000 notes from tis midnight.

People queue up outside ATMs after Govt scrapped the currency notes of Rs 1000 & Rs 500 and deposit them in ATMs . People were worried with the govt decision, they said this hasty decision is creating problems for common man. Especially the travellers expressed negative reaction about this decision. After Modi’s announcement, Hotels are not accepting the 500 notes and the travels are ‘Hungry ‘for help.

IndiGo Airlines is not be accepting 500 Rupee & 1000 Rupee denomination currency notes with effect from 0000 hrs on November 9.

President Pranab Mukherjee called upon people not to panic and follow Govt guidelines for exchange of Rs 1000/500 notes. He welcome bold step of Government of India which will help unearth unaccounted money & counterfeit currency

President Mukherjee reminded people that all currency notes below Rs 500 will continue as legal tender.